‘Don't Miss the Next Leg Higher,' Says Investor About Nvidia Stock
Nvidia (NASDAQ:NVDA) stock might have been a major AI play over the past few years, but recent times have proven more challenging for the chip giant. The stock is down 17% year-to-date, pressured by a mix of macro factors (such as China tariffs) and company-specific headwinds (e.g., concerns that huge growth is slowing, the rise of DeepSeek, and issues with the Blackwell ramp-up).
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Still, for investor Kevin George, the selloff marks more of a setup than a setback. After holding a bearish stance, he now views the pullback as a 'stable market correction,' one that opens the door for investors to catch the 'next leg higher.'
Part of George's renewed optimism stems from shifting winds in the geopolitical arena. After rattling markets with sweeping tariffs, Trump now appears to be easing off the throttle, a shift that George believes reduces risk and could restore confidence across the chip sector.
While global tariffs have been lowered to a flat 10%, the latest rumors suggest a 50% – 60% tariff specifically on Chinese goods (down from the current up to 145%).
Additionally, following earlier setbacks with the Blackwell series, Nvidia has had time to sort out the issues with the new product.
The company has also mitigated some offshoring risks by initiating U.S.-based supercomputer manufacturing. Production of Blackwell chips is now underway at TSMC's facility in Phoenix, Arizona, and Nvidia is constructing supercomputer manufacturing plants in Texas, which are expected to reach capacity within 12 to 15 months.
Furthermore, Nvidia recently unveiled its GeForce RTX™ 5060 GPU lineup. Set to hit the market in April and May, the new series will introduce Blackwell architecture and enhanced rendering capabilities to gamers, starting at a price point of $299. 'This could open additional revenue for the company over the coming quarters,' George points out.
Even the $5.5 billion write-down related to the China H20 restrictions can be seen in a favorable light. It is a result of being at the 'forefront of the artificial intelligence arms race,' but it's a setback Nvidia can likely absorb in the upcoming quarters.
'Despite the recent headwinds,' George sums up, 'Nvidia is on a strong fiscal path, with a growing cash pile that is being reinvested into shareholder returns and AI equity bets.'
Accordingly, George has upgraded his NVDA rating from Sell to Buy. (To watch George's track record, click here)
It's mostly Buys amongst the analyst community on Wall Street too; the stock claims a Strong Buy consensus rating, based on a mix of 35 Buys, 5 Holds and a single Sell. At $165.22, the average price target factors in a one-year gain of 48%. (See )
To find good ideas for AI stocks trading at attractive valuations, visit TipRanks' Best Stocks to Buy, a tool that unites all of TipRanks' equity insights.
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Quantum Computing uses integrated photonics (computing with particles of light) and nonlinear quantum optics to develop quantum computers. The company believes its approach to quantum computing is superior to rivals' methods that use superconducting, trapped-ion, and annealing architectures. Photons' advantages include lower energy consumption, faster processing, and scalability. The photonic integrated circuit market size in 2024 was around $15 billion. Over the next five years, this market is projected to expand by a CAGR of 20.5% to $38.4 billion. While that is an impressive growth rate, it isn't enough to propel Quantum Computing stock 100x higher. But Quantum Computing could grow significantly faster than the overall photonic integrated circuit market. The company's thin film lithium niobate wafers, which it believes will be "the silicon of the future," could make it possible. Also, the photonic integrated circuit market's growth could accelerate beyond 2029. I could envision this occurring if the adoption of the technology in areas such as artificial intelligence (AI), autonomous vehicles, and high-performance computing takes off in a huge way. It's quite possible that investing $10,000 in Quantum Computing stock could make you a millionaire over the next 10 years. But how probable is this scenario? The odds aren't great. For one thing, Quantum Computing's photonics technology might be surpassed by approaches that prove to be even better. Many of the companies investing heavily in developing quantum computers have deep pockets, including Google parent Alphabet, Amazon, IBM, Microsoft, and Nvidia. Other rising stars in the quantum computing industry, such as IonQ, D-Wave Quantum, and Rigetti Computing, could potentially be bigger winners than Quantum Computing. Perhaps progress in advancing quantum computing technology won't be fast enough to support the market growth required for Quantum Computing to be a millionaire-maker. I suspect that won't be the case, but I wouldn't rule it out. The good news for investors, though, is that Quantum Computing doesn't have to turn an initial $10,000 into $1 million by 2035 to still deliver exceptional returns. Before you buy stock in Quantum Computing, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Quantum Computing wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $664,089!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $881,731!* Now, it's worth noting Stock Advisor's total average return is 994% — a market-crushing outperformance compared to 172% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 9, 2025 Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool's board of directors. John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. Keith Speights has positions in Alphabet, Amazon, and Microsoft. The Motley Fool has positions in and recommends Alphabet, Amazon, International Business Machines, Microsoft, and Nvidia. The Motley Fool recommends the following options: long January 2026 $395 calls on Microsoft and short January 2026 $405 calls on Microsoft. The Motley Fool has a disclosure policy. Can Investing $10,000 in Quantum Computing (QUBT) Stock Turn Into $1 Million by 2035? was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
